Cheap Homes for Rent in Cooper Young Neighborhood of Memphis, TN from $700 (12 Rentals)

How Many Bedrooms?Done
Select your price rangeDone
to
By AmenitiesDone
By Community TypeDone
Features and AvailabilityDone
Done

Search the lowest-cost Homes available for rent right now in the Cooper Young area of Memphis.

property at 1954 Manila Ave

$940 - $1,140

1 To 2 Bedroom Rentals

Available Now

1954 Manila Ave

MemphisTN38114

Your Guide to Co-Signers: The Risks, Rewards, and Everything in Between

Thinking about getting a co-signer for your rental application? We break down what a co-signer is, the potential benefits, and the serious risks for both parties. Find out if it's the right choice for you.

Roommate Matching: Finding the Right Fit and Avoiding Pitfalls

When searching for a roommate, follow this list of essential steps and set clear expectations to create a solid foundation for a harmonious living situation.

Cooper Young, Memphis, TN Local Guide

Cheapest Available Cooper Young Apartments for Rent

 

The cheapest available apartment rental in the Cooper Young area of Memphis, TN is a 1 Bed unit found at Melrose Court Apartments priced from $695. Central Gardens has the second lowest priced unit, which is a 1 Bed apartment currently listed from $825. Here are the most affordable Cooper Young apartments for rent in Memphis, TN:

Apartment ListingModel NameBed/BathPriced From
Melrose Court Apartments1 Bed, 1 bath1BR,1BA$695
Central GardensOne Bedroom One Bath Elevator1BR,1BA$825
Bonsai at Central GardensStudio without Washer/DryerStudio,1BA$849
Peabody PlaceO50ne Bedroom1BR,1BA$850
The Flats @ Cooper YoungStudioStudio,1BA$925

Best Value Apartments for Rent in Cooper Young, TN

As of December 27, 2025 the best value apartment in the Cooper Young area is the $1.28 price per square foot 2x1A Model at Belvedere Place in the in the Midtown Memphis neighborhood starting from $1,250. The second greatest value Cooper Young apartment is the MidTowner Model at The Midtowner starting at $999 with a $1.05 price per square foot in the East Memphis neighborhood. Here is today’s list of the best values for Cooper Young apartments based on price per square foot:

Apartment ListingModel NameBed/BathPrice Per Sq.Ft.
Belvedere Place2x1A2BR,1BA$1.28
The MidtownerMidTowner2BR,1BA$1.05
The Broadmoor Apartments2BR/1.0BA2BR,1BA$1.05
Peabody PlaceO50ne Bedroom1BR,1BA$1.06
The Melrose MidtownThe Kira1BR,1BA$1.73
The Linden1 Bedroom 1 Bath1BR,1BA$1.43
2012 Harbert Ave, Unit #22012 Harbert Ave1BR,1BA$1.29
Melrose Court Apartments1 Bed, 1 bath1BR,1BA$1.16
Central GardensOne Bedroom One Bath Elevator1BR,1BA$1.48
The Flats @ Cooper YoungStudioStudio ,1BA$1.73

College Life in Memphis: Affordable Neighborhoods Where Students Rent and Thrive

Where do Memphis students actually live? Our local expert reveals the best affordable neighborhoods to rent near U of M, Rhodes, and CBU. Get local tips & save on rent!

Read Article
Decorative image

Don't Settle: How to Negotiate Your Apartment Lease and Save Money

Discover the insider tips from an attorney and real estate agent on how to negotiate your next apartment lease. Find out what's on the table and what's not, so you can save money and get the best terms possible.

Read Article
Decorative image

The Ultimate Long-Distance Moving Checklist: Tips from a Real Estate Pro

Moving is tough, especially long-distance. Learn how to minimize stress & expenses with proven strategies from a real estate pro, covering everything from logistics to finances.

Read Article
Decorative image

Cash or credit? Understanding the Importance of Credit Score in Real Estate and Renting

Discover how your credit score impacts your ability to lease or buy a home. Learn how credit scores are determined, how to check yours, and strategies to improve it for real estate success.

Read Article
Decorative image

Quick Rent Budget Calculator

How much rent can you afford?

The common "Rule of Thumb" is that rent should be no more than 30% of your income. How much is that? Enter your monthly income and click "Calculate My Budget" to find out.

decorative image of people with a giant lease agreement

Pet Friendly Lifestyle
Cooper Young, Memphis, TN

Ranked #45

Among cities in Tennessee for Apartment listings with Pet Friendly Amenities.

Pet Friendliness Lifestyle Score

2.5
Pet Friendly

decorative image of woman handing cat to small boy

Frequently Asked Questions about Cooper Young

What type of rentals are currently available in Cooper Young?

There are currently 90 Apartments for Rent in Cooper Young, TN with pricing that ranges from $695 to $2,100. There are also 47 Single Family Homes for rent, Condos, and Townhome rentals currently available in Cooper Young ranging from $750 to $4,900.

What is the current price range for Rental Homes in Cooper Young?

Today's rental pricing for Homes for Rent, Condos and Townhomes in Cooper Young ranges from $750 to $4,900 with an average monthly rent of $2,457.

How much are larger Three and Four Bedroom Rentals in Cooper Young?

For those who are looking for larger living arrangements, Three Bedroom Apartments in Cooper Young range from $1,795 to $1,795, while Three Bedroom Homes, Condos, and Townhomes for rent range from $1,325 to $2,775. Four Bedroom Single-Family rentals are also available starting from $1,750 and Four Bedroom Apartments start at $2,100.

Expert Rental Resources

The rental experts at ApartmentHomeLiving.com provide you with top advice, tools, and tips for understanding the leasing process and finding the perfect rental. Here are a few helpful rental and leasing articles from our experts to guide you on your search.

Articles, How-To's, and Tips

decorative image for Affordable Memphis: The Best Lower Priced Neighborhoods with Character  article

Affordable Memphis: The Best Lower Priced Neighborhoods with Character

Written by: Joshua Carlucci

I’m Josh, your ApartmentHomeLiving.com Local Expert for Memphis.

decorative image for How to Make Your Apartment Holiday-Ready: Renter-Friendly Tips article

How to Make Your Apartment Holiday-Ready: Renter-Friendly Tips

Written by: Justin Habersaat

Getting your apartment ready for the holidays can be exciting but sometimes challenging in a smaller space. Here are some modern tips to keep things festive, safe, and inviting this season.

decorative image for Renting with Roommates: Realistic Expectations for Shared Lease article

Renting with Roommates: Realistic Expectations for Shared Lease

Written by: Christine Leonard, Esq.

Given the high costs for housing, I have found that many people are looking for a roommate to share expenses. These arrangements can increase opportunities for more desirable and larger spaces.

decorative image for Apartment Common Area Rules: What Renters Need to Know article

Apartment Common Area Rules: What Renters Need to Know

Written by: Christine Leonard, Esq.

Back in the day when I rented one of my first apartments, the property didn’t even have laundry in the building. Now, rental properties are often competing against each other to provide the best amenities.